Conditions Precedent to Initial Drawdown Sample Clauses

Conditions Precedent to Initial Drawdown. The Borrower’s initial drawdown of the Committed Limit of this Credit Facility in accordance with this Agreement is subject to the conditions precedent of the Agent’s receipt of the following documents at least 7 Business Days before the initial drawdown or other shorter period agreed by the Agent in the form and substance acceptable to the Agent (if any document is submitted in photocopy, the provider of the document must certify that it is a genuine, correct and full photocopy):
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Conditions Precedent to Initial Drawdown. The obligations of the Lenders to make the Loan Commitments of each Tranche available to the Borrower on the Initial Drawdown Date are subject to the fulfillment of the following conditions to the Facility Agent’s reasonable satisfaction:
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Conditions Precedent to Initial Drawdown. The obligation of the Lenders to extend credit for the first time hereunder is subject to fulfilment of the following conditions precedent on or before March 31, 2003:
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Conditions Precedent to Initial Drawdown. 84 12.3 WAIVER....................................................................................86 12.4
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Conditions Precedent to Initial Drawdown. The obligation of the Bank to extend credit for the first time hereunder is subject to fulfillment of the following conditions precedent at the time such credit is extended:
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Conditions Precedent to Initial Drawdown. Drawdowns under this Agreement shall be subject to the fulfilment (or waiver in accordance with Section 7.4) prior to or on the Drawdown Date for such Drawdown, in a manner satisfactory to the Facility Agent, of all the conditions set forth below and such satisfaction is to be recorded in writing, and the acceptance of the benefits of each Drawdown shall constitute a representation and warranty by the Borrower to each of the Lenders that all the conditions specified in this Section 7.2 have been satisfied or waived by such of the Lenders as of that time:
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Conditions Precedent to Initial Drawdown. 26- (a) Deliveries . . . . . . . . . . . . . . . . . . . . -26- (b) Notice . . . . . . . . . . . . . . . . . . . . . . -27- (c) Guarantee . . . . . . . . . . . . . . . . . . . . . -27- (d) Corporate Proceedings . . . . . . . . . . . . . . . -27- (e) Absence of Material Litigation . . . . . . . . . . -27- (f) No Change in Applicable Law . . . . . . . . . . . . -27- (g) No Default . . . . . . . . . . . . . . . . . . . . -27- (h) Chauvco Acquisition . . . . . . . . . . . . . . . . -27- (i) Absence of Litigation Enjoining Acquisition . . . . -28- (j) Chauvco Acquisition Notices . . . . . . . . . . . . -28- (k) No Material Adverse Change . . . . . . . . . . . . -28- (l) Pro Forma Balance Sheet of Parent . . . . . . . . . -28- 12.2 Conditions to Subsequent Advances . . . . . . . . . . . . . -28- (a) Notice . . . . . . . . . . . . . . . . . . . . . . -28- (b) No Default . . . . . . . . . . . . . . . . . . . . -28- (c) Representations and Warranties . . . . . . . . . . -28- ARTICLE 13
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Conditions Precedent to Initial Drawdown. 1. The Borrower
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Related to Conditions Precedent to Initial Drawdown

  • Conditions Precedent to Initial Advance The obligation of Bank to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

  • Conditions Precedent to Initial Advances The obligation of each Bank to make its initial Advance on or after the Closing Date is subject to the conditions precedent that (i) all principal, accrued interest, fees, expenses, costs and other amounts outstanding under the terms of each of the Prior Agreements, accrued to the Closing Date, shall have been paid, and the commitments of the lenders thereunder to extend credit shall have terminated, (ii) the Agent shall have received, for the benefit of the Banks, the one time upfront fees due and payable on the Closing Date pursuant to the Joint Fee Letter and (iii) the Agent shall have received on or before the day of the initial Borrowing the following, each dated the Closing Date, in form and substance satisfactory to the Agent and in sufficient copies for each Bank:

  • Conditions Precedent to Initial Loan The obligation of Bank to make the initial Loan is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

  • Conditions Precedent to Initial Loans In addition to the conditions set forth in Section 6.2, Lenders shall not be required to fund any requested Loan, issue any Letter of Credit, or otherwise extend credit to Borrowers hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

  • Conditions Precedent to Initial Borrowing The initial Borrowing under this Agreement is subject to the satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent.

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

  • Conditions Precedent to Initial Extension of Credit The obligation of each Lender to make an Advance or of any Issuing Bank to issue a Letter of Credit on the occasion of the Initial Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent before or concurrently with the Initial Extension of Credit:

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

  • Conditions Precedent to Borrowing The obligation of the Liquidity Provider to make an Advance on the occasion of each Borrowing shall be subject to the conditions precedent that the Effective Date shall have occurred and, prior to the date of such Borrowing, the Borrower shall have delivered a Notice of Borrowing which conforms to the terms and conditions of this Agreement and has been completed as may be required by the relevant form of the Notice of Borrowing for the type of Advances requested.

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